IFSC Code, MICR Codes for UNION BANK OF INDIA in BIHAR - PATNA - PATNA - PATLIPUTRA COLONY

UNION BANK OF INDIA RTGS HO Branch in PATNA - Address, IFSC, MICR Code


IFSC Code

UBIN0557251

MICR Code

NA

Branch

PATLIPUTRA COLONY

Contact

0

Address

PATLIPUTRA COLONY PANNA MARKET PATNA BIHAR 800013

City

PATNA

District

PATNA

State

BIHAR





What is IFSC Code of UNION BANK OF INDIA situated at PATLIPUTRA COLONY- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at PATLIPUTRA COLONY - RTGS-HO is

UBIN0557251

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.